Ledger Adds Bitcoin Buying; Brave Fork; Ethereum Cashback + More News

Source: Adobe / Mingis

Crypto Briefs is your daily bite-sized summary of cryptocurrency and blockchain-related news – examining the stories that fly under the radar of current crypto news.

Adoption news

  • Large manufacturer of crypto hardware wallet Ledger launched a crypto purchase option on their Ledger Live application. This function is managed by Coinify, which allows you to buy bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH) and dash (DASH) with a credit card or bank transfer. Stellar (XLM) and tether (USDT) will also be available soon. There are 4.5% fees for credit card users and 1.7% for bank transfers.
  • Cashback app EthModo launches cashback rewards and rewarded ads, while users can choose the tokens and rewards they earn, and manage the settings and information shared. Per interested parties can now be on the waiting list for early access and prices. The app helps users earn ETH when you shop online; ETH can be claimed or converted into other rewards, such as other tokens or major brand loyalty points. EthModo works with more than 50,000 salespeople, they add.
  • Mike Novogratz’s Galaxy Digital Holdings works together with Intercontinental exchange‘s crypto trading platform Bakes offer “white-glove” service to large asset managers who want to buy and store BTC, reports Bloomberg. According to the article, quoting John Conneely, head of Custody Business Development at Bakkt, this collaboration is the result of a question from institutions “capitalized“ I. ”Tim Plakas, head of sales at Galaxy’s over-the-counter trading desk Galaxy Digital Trading, it is quoted that the goal is multi-billion dollar asset managers of traditional financing.

Privacy news

  • A group of developers decides to a fork of the Brave browser and make its alternative version – Braver Browser – which users can switch to if they wish. Per Their tweet, the first trial version of the new browser, has already been completed. Braver Browser removed all affiliate links, adware, rewards and Brave’s native Basic Attention Token (BAT). On June 9, the Brave team apologized for the affiliate code error that resulted in a community scandal.

Exchanges news

  • Crypto exchanges in Japan are increasingly trying to keep their shareholder meetings online – and will turn to blockchain-based voting systems. Leading exchange bitFlyer has announced it will hold a virtual shareholder meeting with blockchain-driven voting using a solution called bVote, developed by its own bitFlyer Blockchain subsidiary. The company’s CEO, Yuzo Kano, took to Twitter on claim that the meeting would be “the first in the world” if held “later this month” and promised a commercial rollout “in about three months”. As previously reported, rival trading platform Coincheck has also expressed a willingness to use blockchain votes during virtual meetings this month.
  • BTSE exchange has launched bitcoin-priced gold futures in response to institutional interest in the performance of gold versus bitcoin, as the first exchange to do so, they say. According to the emailed press release, this tool allows traders to directly compare and speculate the performance of BTC versus gold and to predict their future developments. Rather than looking at the gold price in USD, users can see and predict the price per troy ounce of London’s fine gold in BTC.
  • Based in London ETC Group will list a centrally cleared bitcoin exchange-traded product (BTCE) Xetra by Deutsche Börse electronic trading market later this month. Per In the press release, the exchange-traded cryptocurrency (ETC) tracks the price of BTC and is 100% physically supported. It is distributed and marketed with HANetf platform. The German financial supervisor BaFin BTCE approved in March.

Investment news

  • Bitfury plans to launch Japan’s first Bitcoin mining fund in July this year, reports Nikkei. The Amsterdam-based company said it has joined forces Nippon Angel Investment Company, a licensed Japanese fund manager overseen by the regulator Financial Services Agency. The parties say they are ready to launch what Bitfury called in one blog post, a ‘digital currency infrastructure fund’, referring to the company’s international ‘data centers’.

Economic news

  • Crypto users can expect money printers to start using BRRR in Latin America after Argentina started creating new money to pay off its international loans and fund the coronavirus’s pandemic-fighting efforts. Per Criptonoticias, inflation in the nation is expected to rise, with the country’s central bank admitting that inflation could rise above 50% as a result of the measures – the biggest issue of the Argentine peso over three decades.

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